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The acquisition of Spokane, Washington-based Edge Construction Supply furthers NEFCO's expansion to the West Coast with nine new locations.
Singer Industrial joined forces with Hotsy Equipment of Colorado and Wyoming headquartered in Greeley, Colorado.
Power transmission distributor Purvis Industries acquired Torque Drives, an industrial distributor of power transmission components and more.
The distributor's $269 million acquistion of Hisco this spring figures to drive big year-over-year gains through the first half of 2024.
WESCO saw year-over-year growth in its CSS and UBS units, while its largest unit — EES — declined.
MCE acquired Georgia-based motor control and drive distributor Applied Industrial Controls and systems integrator Engineered Systems Group.
On a constant currency basis, sales decreased 7.8% year-over-year and decreased 2.9% sequentially, Avnet said in a news release.
August’s growth was considerably revised upward, from 0.5% to 1.0%, according to new data from the Census Bureau.
Marietta, Georgia-based building products distributor BlueLinx reported a 24% decrease in sales revenue in the third quarter of 2023.
'Economic activity expanded at a strong pace in the third quarter,' the central bank said in a statement Nov. 1.
